I’d still like to make a printout of that and see if he’d sign it.
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This is something the Fed warned him about. They told him that the problem of propping up the market with free money was that, if for some reason the economy needed a boost, there would be nothing to boost it with. Well, here we are.
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And it was happening to other people, over there.
Trump will be remembered by people in one of two ways, over this: either he fucked up early, and way too many of us are sick or dead (correct), or he freaked out and took away our bars and restaurants and made us all stay home over nothing (the Y2K fallacy). Far less will think he’s handling it well, because theirs are the lives now being disrupted.
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Guess whom I’m quarantined with.
This is gonna suck.
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Very odd that it wasnt divided neatly into 12 month blocks. I wonder what the reason was.
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Maybe the graphing software tried to guess something reasonable and got it wrong
“Term Length in Months” looks like an arbitrary character string, not something it would parse
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It is fair to troll Trump with this since he’s been more preoccupied with the stock market than with the pandemic.
I don’t know if it’s a fair to suggest it wouldn’t have happened with anyone else in the white house. Possibly a very skilled diplomat/strategist could have kept Saudi Arabia and Putin from slugging it out with an oil glut. Possibly the market would be more confident in another administration’s handling of the pandemic.
But, considering how hard Fox News hammered at the response so far under a Republican administration, just imagine if it had been a Democrat in there taking stronger action earlier to prevent the spread. They’d be throwing out conspiracy theories even while bodies pile up. And the market may have reacted to that more gung ho response too. As for the oil, who knows.
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Not what we meant when we said “Flatten the Curve.”
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I’m beginning to think this whole millennium has gotten off to a bad start.
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What a difference a month makes:
DJT, Feb. 24:
The Coronavirus is very much under control in the USA… Stock Market starting to look very good to me!
What’s his re-election pitch going to be? It won’t be the stock market, it won’t be jobs since unemployment will be spiking in a few months, it certainly won’t be the deficit, it can’t even be the wall…
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That’s because the source of the chart is interactive and includes Franklin Roosevelt, who was a three-term president.
Keep Unbridled Assholery Great Again?
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Someone didn’t know how to set the xtick parameter
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It is mystifying as to why the Democrats have ceded Trump “the Economy” bulletpoint to him. Days after the Inauguration Trump was claiming the economy – that had improved steadily over the previous 8 years – as “his”. And for the last 3 years, he continuously blasted out this falsehood, such that now, with media saturation, it’s unassailable. Even the Democrats broadly concede that it’s “his”. Why?
Democrats need to take a page from the Republicans who attacked Vietnam veteran and 3-time Purple Heart recipient John Kerry on his war record (when Bush-43 had a “record” of absenteeism from his Air Force Reserve position and cocaine and drunk driving). They should be attacking Trump on the economy (not the current virus-afflicted one, the previous ‘successful’ one). It’s not “his”. It’s Obama’s. They should attack, and should have been attacking him from Day 1, on this issue.
And they need to be attacking him on the pre-virus economy because, given Trump’s ridiculous luck, the virus will clear by November 3, and he’ll be spinning himself as this successful “wartime” President who rescued the country and the economy.
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Shall we rewind the VHS tape to 1999 and try again?
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You’re right that the pandemic would have caused stock markets to fall and economies to falter, no matter who was in the White House. But President Sanders, or President Clinton, or even President Romney – in other words, someone competent – would not have fucked up United States’ pandemic preparedness, or left the civil service in shambles, or filled the administration with corrupt incompetents like Trump has done, and they would have handled the PR side vastly better.
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Lots of wiping out going on.
CNBC
Excerpt: In just over a month, three pillars underpinning his argument for reelection have all collapsed: The strong economy Trump planned to run on; the Bernie Sanders campaign Trump had planned to run against; and the “us vs. them” approach to Washington and the federal government, on which Trump has built his political brand.
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